real estate

Hostaway Raises $175 Million to Expand Property Management Software
Hostaway Raises $175 Million to Expand Property Management Software
June 01, 2023  |  Real Estate

Hostaway has raised $175 million to expand its property management software for short-term rentals. The firm will use the new funding to accelerate its expansion and...

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Wells Fargo Reportedly Working with Borrowers as Office Sector Struggles
Wells Fargo Reportedly Working with Borrowers as Office Sector Struggles
May 31, 2023  |  Banking

Wells Fargo reportedly expects to see losses from real estate loans. CEO Charlie Scharf said Wednesday (May 31) at an event that there are significant risks in the...

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Cross River and Paymints.io Launch Solutions for Real Estate Industry
Cross River and Paymints.io Launch Solutions for Real Estate Industry
May 31, 2023  |  Real Estate

Cross River Bank and paymints.io have partnered to provide flexible payment solutions for the real estate industry. The collaboration is being launched with two payment...

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Blueground Doubles Size of Rental Platform With Nestpick Purchase
Blueground Doubles Size of Rental Platform With Nestpick Purchase
May 30, 2023  |  Partnerships

Furnished rental service Blueground says it has acquired fellow housing platform Nestpick. The move, announced Tuesday (May 30), creates an invite-only network of furnished apartment providers, and more than...

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Work From Home Forces Retailers to Rethink City Strategies
Work From Home Forces Retailers to Rethink City Strategies
May 29, 2023  |  Connected Economy

Consumers not physically employed in offices are spending in locations that are more convenient to them than the city. One man’s meat is another’s poison...

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Scarce Housing Inventory Adds to Millennials Already Low Homeownership Expectations
Scarce Housing Inventory Adds to Millennials Already Low Homeownership Expectations
May 26, 2023  |  Economy

Lately, it seems that just when things started to look more promising for those seeking to purchase a home, a new set of discouraging numbers gets...

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Report: Richmond Fed President Says US Sees ‘Demand Slowdown’
Report: Richmond Fed President Says US Sees ‘Demand Slowdown’
May 25, 2023  |  Economy

Federal Reserve Bank of Richmond President Tom Barkin reportedly said there is a “demand slowdown.” At the same time, Barkin declined to say the country is nearing a recession,...

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Obie Raises $26 Million for Real Estate-Focused Embedded Insurance Solutions
Obie Raises $26 Million for Real Estate-Focused Embedded Insurance Solutions
May 17, 2023  |  Insurance

Obie has raised $26 million in Series B funding to expand its embedded insurance offering for real estate investors. The firm will use the new funding...

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Instant Payments to Put an End to Cashier’s Checks at Real Estate Settlements
Instant Payments to Put an End to Cashier’s Checks at Real Estate Settlements
May 16, 2023  |  Real-Time Payments

Real estate, put simply, often involves the largest transaction that any of us as individuals ever tackle. Cheryl Gurz, vice president of product management for The...

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